The richest person in Goa in 2026 is Shrinivas Dempo, chairman of the Dempo Group, which owns a mining, shipbuilding, and media company. If you do a Google search on the richest person in Goa or Goa richest man net worth, it is the same group of business families – Dempo, Chowgule, Salgaocar, Bandekar and Timblo – who made their money decades ago in mining and shipping and, in more recent times, in real estate, education, hospitality and pharmaceuticals.

The list of the top richest person in Goa includes every name along with their respective business background, family details and net worth, alongside whether it is confirmed or estimated, since most of the wealth figures of business families of Goa aren’t independently confirmed.

Who Is the Richest Person in Goa Right Now?

According to the Hurun India Rich List, the richest in Goa is Shrinivas Dempo with a net worth of around ₹1,800 crore. According to the local media, other families, like the Chowgule and Salgaocar families, are also believed to be among the “richest in Goa”, although there might not be any verification from any independently audited ranking, and their estimated numbers should be taken as approximate.

Top Richest Person in Goa — Full Comparison Table

1. Shrinivas Dempo — Goa’s Richest Person

One of Goa’s oldest and largest business houses, Shrinivas Dempo leads the Dempo Group, which was established back in 1941. What makes his wealth verifiable, unlike most of the other names on this list, is the fact that he owns mining companies, has ships being built, owns several food processing units, has real estate investments and has two listed companies: Goa Carbon Limited and Hindustan Foods. He’s married to Pallavi Dempo and has also backed education and sports initiatives across the state.

2. Padma Chowgule — Chowgule & Co.

Established in 1916, Chowgule & Co. is led by Padma Chowgule and is engaged in mining, shipbuilding and education. He is also recognised in the community for his philanthropy and community involvement and has a family business.

3. Vijay Chowgule — Ports & Ship Repair

Vijay Chowgule is the Head of the Ship Repair & Port Operations Division of Chowgule & Co. and a key player in the Indian maritime sector in Goa.

 4. Pallavi Dempo — Real Estate & Media

Pallavi Dempo, executive director of Dempo Industries, has declared assets of ₹255.44 crore (one of the few figures that have been verified by this list). She has worked across the fields of media, real estate, culture and education in Goa.

5. Dattaraj Salgaocar — Education & Sports

Sharda Group, under the leadership of Dattaraj Salgaocar, is an educational and sports body, that owns football club FC Goa. The Salgaocar family made its fortune in the fields of mining, then later in shipping, healthcare and education.

6. N.S. Bandekar & Family — Mining, Hospitality & Aviation

The Bandekar Group is a family business since the 1950s, with a diverse presence in the fields of mining, aviation and hospitality, and continues to be a significant economic contributor to Goa.

7. Radha Timblo — Mining

Radha Timblo is one of the most prominent of the businesswomen among Goa’s wealthiest people and an owner of the company Timblo Pvt. Ltd., established in the 1950s.

8. Ramnath Kare — Pharmaceuticals

Along with his work in the field of charity and education in Goa, Ramnath Kare founded DCI Pharmaceuticals in 1968.

9. Datta Damodar Naik — Bakery & Hospitality

Founded in the 1990s and still operated by him and his son, Monginis Goa is a bakery and hospitality company.

Why Are Most Net Worth Figures for Top Rich People in Goa Unverified?

Most of Goa’s affluent families run private companies that do not have shareholders and thus cannot be regulated to confirm their net worth, unlike national business hubs. Industry estimates, rather than actual figures, are reported for people such as the Chowgules or Salgaocars, and it is only the members of the Dempo family who are included on an audited rich list or public asset declaration.

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